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Biotech / Medical : Coherent (COHR) : Anyone else holding? -- Ignore unavailable to you. Want to Upgrade?

To: scott who wrote (579)	6/18/1998 12:00:00 PM
From: Doug	Read Replies (1) \| Respond to of 788

Scott: Yo are right about Large Cap valuations. Unfortunately 75% of the Fund & Pension money is there. So we have a big bubble supported by hundreds of Funds. They know that supporting that bubble is in their best interest. A collapse of that bubble will mean a melt down of the markets. IMO that switch to the juniors is more hope than fact. I am now waiting to exit as I do not expect COHR to have any major Earnings growth. However,you could well be right in your choice. That is what the free market is all about.! Good luck.